Cheesecake Factory (NASDAQ:CAKE) reported its Q1 earnings results on Wednesday, April 27, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Cheesecake Factory missed estimated earnings by 7.84%, reporting an EPS of $0.47 versus an estimate of $0.51.
Revenue was up $166.29 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.09 which was followed by a 0.37% increase in the share price the next day.
Here's a look at Cheesecake Factory's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.71 | 0.72 | |
| EPS Actual | 0.49 | 0.65 | 0.80 | 0.2 |
| Revenue Estimate | 773.44M | 762.44M | 742.58M | 604.21M |
| Revenue Actual | 776.69M | 754.47M | 768.96M | 627.42M |
To track all earnings releases for Cheesecake Factory visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
